Cardeon Balance Sheet Health
Financial Health criteria checks 2/6
Cardeon has a total shareholder equity of SEK139.5M and total debt of SEK7.2M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are SEK153.8M and SEK14.4M respectively.
Key information
5.2%
Debt to equity ratio
kr7.20m
Debt
Interest coverage ratio | n/a |
Cash | kr895.00k |
Equity | kr139.47m |
Total liabilities | kr14.38m |
Total assets | kr153.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CARDEO's short term assets (SEK4.4M) do not cover its short term liabilities (SEK14.4M).
Long Term Liabilities: CARDEO's short term assets (SEK4.4M) exceed its long term liabilities (SEK1,000.0).
Debt to Equity History and Analysis
Debt Level: CARDEO's net debt to equity ratio (4.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if CARDEO's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CARDEO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CARDEO has less than a year of cash runway if free cash flow continues to grow at historical rates of 9.1% each year.